Vanadium - General/News thread, page-609

I respectfully disagree. If you were a European country looking to secure Vanadium supply, and you ruled out China and Russia, and then also South Africa because of some suspected link to these two, you'd quickly run out of countries that have any significant spare production capacity. There's Largo in Brazil too perhaps, but their relatively small resource tonnage will be the first to run out (see below). VR8 will have enough resource in the ground to deliver a ~180 year mine life, and at one of the lowest production costs, so they will not be a marginal producer at the mercy of the V2O5 price at the bottom of any future cycle. So that surely has to de-risk them as a supplier to Europe ? There's the current Australian developers also, but I think they will all struggle to stay in business if the V2O5 price drops much below $8.00-9.00/lb. And that's assuming any of them manage to raise their high capex's to build their mines in the first place.



All IMHO, DYOR